{"id":56128,"date":"2022-01-18T16:44:02","date_gmt":"2022-01-18T14:44:02","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=56128"},"modified":"2025-09-04T04:55:14","modified_gmt":"2025-09-04T01:55:14","slug":"animoca-brands-raises-358-9-million-at-a-5-billion-valuation","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/animoca-brands-raises-358-9-million-at-a-5-billion-valuation\/","title":{"rendered":"Animoca Brands raises $358.9 million at a $5 billion valuation"},"content":{"rendered":"<p>Hong Kong\u2013based NFT game developer Animoca Brands raised $358,888,888. The round was led by Liberty City Ventures.<\/p>\n<p>\\n\\n<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">We are humbled to announce we raised US$358,888,888 in a round led by <a href=\\\"https:\/\/twitter.com\/LCVentures?ref_src=twsrc%5Etfw\\\">@LCVentures<\/a>. This values Animoca Brands at US$5 billion (pre-money). We continue to advance our glorious plans for the <a href=\\\"https:\/\/twitter.com\/hashtag\/openmetaverse?src=hash&#038;ref_src=twsrc%5Etfw\\\">#openmetaverse<\/a> and <a href=\\\"https:\/\/twitter.com\/hashtag\/NFTs?src=hash&#038;ref_src=twsrc%5Etfw\\\">#NFTs<\/a>. Great things ahead! Press release here: <a href=\\\"https:\/\/t.co\/5UF1GqvzBm\\\">https:\/\/t.co\/5UF1GqvzBm<\/a> <a href=\\\"https:\/\/t.co\/X74xgep1OQ\\\">pic.twitter.com\/X74xgep1OQ<\/a><\/p>\n<p>\u2014 Animoca Brands (@animocabrands) <a href=\\\"https:\/\/twitter.com\/animocabrands\/status\/1483417529900933126?ref_src=twsrc%5Etfw\\\">January 18, 2022<\/a><\/p><\/blockquote>\n<p> <script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script>\\n\\n<\/p>\n<p>The valuation of Animoca Brands prior to the investment round (pre-money) stood at $5 billion.<\/p>\n<p>\\n\\n<\/p>\n<p>Funding was also provided by 10T Holdings, C Ventures, Gemini Frontier Fund, L2 Capital, Pacific Century Group, ParaFi Capital, Provident, Sequoia China, Soros Fund Management, Winklevoss Capital and others.<\/p>\n<p>\\n\\n<\/p>\n<p>Animoca Brands will deploy the capital to pursue strategic investments and acquisitions, develop products, and license intellectual property.<\/p>\n<p>\\n\\n<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>\\&#8221;We have set ourselves ambitious goals for creating Web 3.0 and advancing an open metaverse that broadens financial inclusion. &#8230; We believe we are still at the early stages of a new Internet revolution, and enormous opportunities await us in 2022,\\&#8221; said the co-founder and chairman of Animoca Brands, Yat Siu.<\/p>\n<\/blockquote>\n<p>\\n\\n<\/p>\n<p>The company is the developer of NFT games such as F1 Delta Time, The Sandbox, and others. It actively invests in the non-fungible token market, including projects such as OpenSea, Dapper Labs, Bitski, Star Atlas and Axie Infinity.<\/p>\n<p>\\n\\n<\/p>\n<p>During 2021, Animoca Brands announced a series of major venture rounds. In May, the developer <a href=\"https:\/\/u1f987.com\/en\/news\/rothschild-family-fund-backs-nft-game-developer\">raised $88.9 million<\/a> from Rothschild family fund RIT Capital Partners, Huobi and other investors; in July \u2014 <a href=\"https:\/\/u1f987.com\/en\/news\/nft-game-developer-animoca-brands-raises-50-million-from-coinbase-ventures-and-other-investors\">$50 million<\/a>, in October \u2014 <a href=\"https:\/\/u1f987.com\/en\/news\/animoca-brands-raises-65-million-at-a-2-2-billion-valuation\">$65 million<\/a> at a $2.2 billion valuation.<\/p>\n<p>\\n\\n<\/p>\n<p>In September, the company signed a binding <a href=\"https:\/\/u1f987.com\/en\/news\/animoca-brands-to-acquire-bondly-nft-platform\">agreement to acquire a controlling stake in NFT platform Bondly<\/a>.<\/p>\n<p>\\n\\n<\/p>\n<p>Subscribe to ForkLog News on Telegram: <a href=\\\"https:\/\/t.me\/forklogfeed\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">ForkLog Feed<\/a> \u2014 the full news stream, <a href=\\\"https:\/\/telegram.me\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">ForkLog<\/a> \u2014 the most important news, infographics and opinions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Hong Kong\u2013based NFT game developer Animoca Brands raised $358,888,888. The round was led by Liberty City Ventures.<\/p>\n","protected":false},"author":1,"featured_media":56129,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1689,1133],"class_list":["post-56128","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-animoca-brands","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"23","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/56128","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=56128"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/56128\/revisions"}],"predecessor-version":[{"id":56130,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/56128\/revisions\/56130"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/56129"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=56128"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=56128"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=56128"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}